Zwipe Balance Sheet Health
Financial Health criteria checks 3/6
Zwipe has a total shareholder equity of NOK30.7M and total debt of NOK10.5M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are NOK53.7M and NOK23.0M respectively.
Key information
34.2%
Debt to equity ratio
NOK 10.51m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 25.19m |
| Equity | NOK 30.72m |
| Total liabilities | NOK 22.96m |
| Total assets | NOK 53.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZWIPE's short term assets (NOK49.9M) exceed its short term liabilities (NOK23.0M).
Long Term Liabilities: ZWIPE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZWIPE has more cash than its total debt.
Reducing Debt: ZWIPE's debt to equity ratio has increased from 0% to 34.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZWIPE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZWIPE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.